| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $376M | $335M | — | 12.2% | — |
| Op. Income | $109M | $94M | — | 16.4% | — |
| Gross Margin | 89.1% | 89.7% | — | -0.6pp | — |
| Net Margin | 25.5% | 23.7% | — | 1.8pp | — |
| EPS (Diluted) | $0.98 | $0.82 | — | 19.5% | — |
| Free Cash Flow | $97M | $49M | — | 97.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $376M |
| Cost of Revenue | $41M |
| GROSS PROFIT | $335M |
| R&D Expenses | $68M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $158M |
| Other Expenses | $0 |
| Operating Expenses | $226M |
| Cost & Expenses | $267M |
| OPERATING INCOME | $109M |
| Interest Income | $7M |
| Interest Expense | $0 |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $117M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $96M |
| Net Income from Discontinued Ops | $0 |
| NET INCOME | $96M |
| BOTTOM LINE NET INCOME | $96M |
| D&A | $25M |
| EBIT | $117M |
| EBITDA | $142M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $376M |
| Cost of Revenue | $41M |
| GROSS PROFIT | $335M |
| R&D Expenses | $68M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $158M |
| Other Expenses | $0 |
| Operating Expenses | $226M |
| Cost & Expenses | $267M |
| OPERATING INCOME | $109M |
| Interest Income | $7M |
| Interest Expense | $0 |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $117M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $96M |
| Net Income from Discontinued Ops | $0 |
| NET INCOME | $96M |
| BOTTOM LINE NET INCOME | $96M |
| D&A | $25M |
| EBIT | $117M |
| EBITDA | $142M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $96M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $30M |
| Deferred Income Tax | -$11M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$32M |
| OPERATING CASH FLOW | $105M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$8M |
| Sales/Maturities of Investments | $39M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $24M |
| Common Stock Repurchased | -$52M |
| Common Dividends Paid | -$26M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$67M |
| FREE CASH FLOW | $97M |
| Net Change in Cash | $62M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $693M |
| Short-Term Investments | $126M |
| Net Receivables | $559M |
| Inventory | $30M |
| Other Current Assets | $28M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $553M |
| Goodwill | $370M |
| Intangible Assets | $99M |
| Long-Term Investments | $101M |
| Tax Assets | $204M |
| Other Non-Current Assets | $47M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $2.8B |
| Account Payables | $17M |
| Short-Term Debt | $13M |
| Deferred Revenue | $23M |
| Other Current Liabilities | $166M |
| TOTAL CURRENT LIABILITIES | $314M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $23M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $108M |
| TOTAL NON-CURRENT LIABILITIES | $166M |
| TOTAL LIABILITIES | $480M |
| Common Stock | $95.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2.4B |
| Accum. Other Comp. Income | -$27M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $5M |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $48M |
| Net Debt | -$646M |
